Post by
HappyYoda on Jun 18, 2016 11:35am
58 bucks
This stock is so under valued. If you buy it at 29 bucks and it goes to even 44 dollars that is a 50 percent gain. As the stock drops it is a great opportunity for buying. It pays great dividend and time is on our side. It made 680 million dollars last year and has great cash reserves. So shorters will put the scare into stupid people that will push down the price but all that will do is give me opportunity to make more money either shorting or buying back cheaper
Comment by
Madjack22 on Jun 18, 2016 12:11pm
It pays a dividend. I wouldn't say 0.30 cents a share annually is great. But it's something
Comment by
sunshine7 on Jun 18, 2016 12:20pm
Certainly not enough to justify investment in a high beta stock. People who are looking for investment income do not like volatility.
Comment by
Madjack22 on Jun 18, 2016 12:36pm
Agreed. The stability is not there to justify investing for a dividend paying stock. A quality company like Enbridge pays $2.12 a share annually and there's been little volatility. I would imagine like myself and everyone else. We are all speculating on a massive turn around.
Comment by
sunshine7 on Jun 18, 2016 12:41pm
Massive turnaround in SP. The company seems to be doing just fine.